Market Overview:
The global barium stearate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for barium stearate from various applications such as PVC stabilizer, lubricant, paints & coating and rubber. In terms of type, superior grade barium stearate is expected to witness higher growth during the forecast period owing to its properties such as high purity and better performance than other grades. In terms of region, Asia Pacific is expected to lead the global barium stearate market with highest CAGR during the forecast period followed by Europe and North America respectively.
Product Definition:
A white powder that is used as a lubricant, an emulsifier, and a thickener.
Superior Grade:
Superior grade is the purest form of an ingredient that can be used in manufacturing products such as paints, inks, adhesives & sealants and other chemical products. It has a uniform particle size distribution and free from any foreign particles or contaminants. The product is manufactured using high-grade materials to ensure maximum purity with no contamination during the production process.
First Grade:
First grade is a very pure form of barium, which contains 99.8% of the chemical element by weight. It is white in color and has a crystalline structure like other barium salts such as lutetium and yttrium.
Application Insights:
PVC stabilizer was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The product helps maintain the quality of PVC during production, which is a key factor for its extensive use in packaging applications. It also finds application as an additive in PVC compounds, which are used to manufacture cables and pipes for water transportation systems among others.
The lubricant segment held around 15% of market share by volume in 2017 owing to its superior properties including anti-friction, high viscosity index and low toxicity. Barium stearate is widely used as a thickening agent or emulsifier in lubricants along with zinc oxide (ZnO) & calcium stearate (CaSt). These additives provide excellent anti-corrosion protection along with enhanced performance at higher temperatures compared to that without any additive present. This factor has led to increased demand from various end-use industries such as automotive & transport, metal working etc.
Regional Analysis:
Asia Pacific dominated the global barium stearate market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from various end-use industries such as paints & coatings, PVC, lubricants and rubber. China is one of the largest producers of barium after Russia and Australia; however, it exports most of its production owing to high demand from Asian countries such as Japan, India and Malaysia.
The Asia Pacific was followed by North America which accounted for a share of 22% in terms of volume in 2017 on account off increased consumption from automotive industry coupled with growing use in industrial machinery applications. Europe also has a significant market share due to large number refurbishing activities taking place across several countries including Germany, U.K.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and plastics is expected to drive the growth of the barium stearate market over the forecast period.
- Rising awareness about the benefits of barium stearate is another key factor that is expected to fuel market growth in the near future.
- Growing demand for personal care products and cosmetics owing to changing lifestyle and increasing disposable income of consumers is anticipated to boost market growth during the forecast period.
- Rapid industrialization in emerging economies such as China, India, Brazil, and Mexico offers significant opportunities for market players operating in this space over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Barium Stearate Market Research Report
By Type
Superior Grade, First Grade, Qualified Grade
By Application
PVC Stabilizer, Lubricant, Paints & Coating, Rubber
By Companies
Baerlocher, Valtris Specialty Chemicals, Seoul Fine Chemical, Mittal Dhatu, Evergreen Chemical, Hangzhou Oleochemicals, Jiangxi Hongyuan, Tianjin Langhu Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Barium Stearate Market Report Segments:
The global Barium Stearate market is segmented on the basis of:
Types
Superior Grade, First Grade, Qualified Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
PVC Stabilizer, Lubricant, Paints & Coating, Rubber
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baerlocher
- Valtris Specialty Chemicals
- Seoul Fine Chemical
- Mittal Dhatu
- Evergreen Chemical
- Hangzhou Oleochemicals
- Jiangxi Hongyuan
- Tianjin Langhu Technology
Highlights of The Barium Stearate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Superior Grade
- First Grade
- Qualified Grade
- By Application:
- PVC Stabilizer
- Lubricant
- Paints & Coating
- Rubber
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Barium Stearate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Barium Stearate is a white to off-white powder that is used as an additive in food products. It helps to improve the texture and appearance of foods.
Some of the major companies in the barium stearate market are Baerlocher, Valtris Specialty Chemicals, Seoul Fine Chemical, Mittal Dhatu, Evergreen Chemical, Hangzhou Oleochemicals, Jiangxi Hongyuan, Tianjin Langhu Technology.
The barium stearate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Barium Stearate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Barium Stearate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Barium Stearate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Barium Stearate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Barium Stearate Market Size & Forecast, 2020-2028
4.5.1 Barium Stearate Market Size and Y-o-Y Growth
4.5.2 Barium Stearate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Superior Grade
5.2.2 First Grade
5.2.3 Qualified Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 PVC Stabilizer
6.2.2 Lubricant
6.2.3 Paints & Coating
6.2.4 Rubber
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Barium Stearate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Barium Stearate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Superior Grade
9.6.2 First Grade
9.6.3 Qualified Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 PVC Stabilizer
9.10.2 Lubricant
9.10.3 Paints & Coating
9.10.4 Rubber
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Superior Grade
10.6.2 First Grade
10.6.3 Qualified Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 PVC Stabilizer
10.10.2 Lubricant
10.10.3 Paints & Coating
10.10.4 Rubber
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Superior Grade
11.6.2 First Grade
11.6.3 Qualified Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 PVC Stabilizer
11.10.2 Lubricant
11.10.3 Paints & Coating
11.10.4 Rubber
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Superior Grade
12.6.2 First Grade
12.6.3 Qualified Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 PVC Stabilizer
12.10.2 Lubricant
12.10.3 Paints & Coating
12.10.4 Rubber
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Superior Grade
13.6.2 First Grade
13.6.3 Qualified Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 PVC Stabilizer
13.10.2 Lubricant
13.10.3 Paints & Coating
13.10.4 Rubber
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Barium Stearate Market: Competitive Dashboard
14.2 Global Barium Stearate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Baerlocher
14.3.2 Valtris Specialty Chemicals
14.3.3 Seoul Fine Chemical
14.3.4 Mittal Dhatu
14.3.5 Evergreen Chemical
14.3.6 Hangzhou Oleochemicals
14.3.7 Jiangxi Hongyuan
14.3.8 Tianjin Langhu Technology
